S
S
Seaweed
Search…
Trading Rewards
Options traders will be rewarded with SWF according to their option size and duration.
The liquidity provider will be rewarded as follows:
Reward 17.12 SWF / Block for 3 pools.
The trading reward will be calculate as follows:
Reward 4.28 SWF / Block for all option holders.

How are rewards scheduled?

Rewards will be released in three phases.
During Phase l (03/15/2021 - 03/15/2022), 50% of rewards will be released (225,000,000 SWF).
—Rewards will be released on daily basis in a linear fashion (i.e. up to 616,438 SWF per day)
—80% of daily rewards (493,150) will be distributed to LPs in proportion to the liquidity they provide. This is split evenly (164,383 SWF per Pool) between the HBTC Pool, HT Pool, and the HETH Pool.
—Up to 20% of daily rewards (123,287) will be distributed to Options purchasers relative to their position size and duration (please refer to the 'How many rewards do l receive?' sub-section below for more detail).
During Phase II (03/15/2022 - 03/15/2023), 33.3% of rewards will be released (149,850,000 SWF).
—Rewards will be released on daily basis in a linear fashion (i.e. up to 410,547 SWF per day)
—80% of daily rewards (328,437.6) will be distributed to LPs in proportion to the liquidity they provide. This is split evenly(109,479 SWF per Pool) between the HBTC Pool, HT Pool, and the HETH Pool.
—Up to 20% of daily rewards (82,109.4) will be distributed to Options purchasers relative to their position size and duration (please refer to the 'How many rewards do l receive?' sub-section below for more detail).
During Phase III (03/15/2023 - 03/15/2024), 16.7% of rewards will be released (74,925,000 SWF).
—Rewards will be released on daily basis in a linear fashion (i.e. up to 205,273 SWF per day)
—80% of daily rewards (16,4219.2) will be distributed to LPs in proportion to the liquidity they provide. This is split evenly (54,739.72 SWF per Pool) between the HBTC Pool, HT Pool, and the HETH Pool.
—Up to 20% of daily rewards (41,054.8) will be distributed to Options purchasers relative to their position size and duration (please refer to the 'How many rewards do l receive?' sub-section below for more detail).
Last modified 6mo ago